Leasing questions

Nothing about the Haynesville Shale play seems to be normal.I recently was talking to a landowner in my area.He told me that two companies were already contacting him about leasing his land. The only catch to this is all leases arround us were done before the play boom. They are for the same terms which don't end till Dec. I didn't really belive him till I started to be contacted. Is this normal that a company would put out money before they know the other company is going to do something brfore the lease terminates and what is the catch if any.Is it possible for a company to create a unit, get  a permit,and drill in this short period of time.

 

Views: 32

▶ Reply to This

Replies to This Discussion

Permalink Reply by Skip Peel - Mineral Consultant on March 9, 2010 at 11:52
TW. It sounds as if you are describing "top leases" and top leasing is not unusual nor unique to the Haynesville Shale Play. The companies offering the top leases are betting that your current lessee can not or will not drill a well to hold their existing lease.
Permalink Reply by THOMAS WALKER on March 9, 2010 at 12:16
I been around the oil fields all my life and I have never seen anything like the last three yrs here in this area.This site is very imformative and i read it several times a day just trying to keep up with what's going on. Thank You all for the input.
Permalink Reply by Skip Peel - Mineral Consultant on March 9, 2010 at 12:23
Thomas. Depending on the location of your minerals and the details of the offer, a top lease may be an option worth considering. You're welcome.

RSS

Support GoHaynesvilleShale.com

Top Content 

1 Looking Back At The Haynesville Shale - A Retrospective

Looking Back At The Haynesville Shale - A Retrospective
2 Pending Public Oil and Gas Hearings

Pending Public Oil and Gas Hearings
3 Comstock October Presentation

Comstock October Presentation
4 Aethon looks for Buyers of its Haynesville Assets

Aethon looks for Buyers of its Haynesville Assets
5 Notice Emails Are Back! Please review how they work.

Notice Emails Are Back! Please review how they work.
6 Arkansas O&G Commission unanimously denies royalty rate application for lithium extraction

Arkansas O&G Commission unanimously denies royalty rate application for lithium extraction
7 Landowners in Haynesville, La

Landowners in Haynesville, La

Blog Posts

The Lithium Connection to Shale Drilling

Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…

Continue

Posted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40

Not a member? Get our email.

Groups



© 2024   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service